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The Economic Times
The Economic Times
Business
Akash Podishetti

Diwali offer for RIL shareholders! Reliance Jio sets aside Rs 2,500 crore shares in IPO reservation

Reliance Jio has set aside up to Rs 2,500 crore worth of shares for eligible Reliance Industries shareholders in its upcoming IPO, giving RIL investors a separate window to apply for shares in Mukesh Ambani’s digital and telecom business. The record date for the reservation for RIL shareholders is the date of filing of RHP, which is October 14.

Jio Platforms has filed its red herring prospectus for an IPO of up to 27 crore equity shares, formally starting the countdown to what could become India’s largest-ever public issue. The anchor investor bidding will open on October 19, 2026, while the IPO will open for public subscription on October 21 and close on October 23.

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